Filing Details

Accession Number:
0000919574-22-003010
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2022-05-05 17:22:44
Reporting Period:
2022-05-02
Accepted Time:
2022-05-05 17:22:44
Original Submission Date:
2022-05-04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1679049 International Seaways Inc. INSW () 4/A
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1386989 Ltd. Holdings Greenwich (See Remarks)
(See Remarks)
No No Yes No
1560220 Ltd Finance Famatown (See Remarks)
(See Remarks)
No No Yes No
1731638 Ltd C.k. (See Remarks)
(See Remarks)
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, No Par Value Acquisiton 2022-05-02 131,308 $20.74 8,166,856 No 4 P Indirect See footnotes
Common Stock, No Par Value Acquisiton 2022-05-04 100,000 $21.71 8,266,856 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
Footnotes
  1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $20.465 to $21.10. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
  2. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $21.57 to $22.28. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
  3. These shares are directly held by Famatown Finance Ltd.
  4. C.K. Limited is the trustee of two trusts (the "Trusts") settled by Mr. John Fredriksen. The Trusts indirectly hold all of the shares of Greenwich Holdings Limited and Famatown Finance Ltd. Accordingly, C.K. Limited, as trustee, may be deemed to beneficially own the shares of common stock of the Issuer that are beneficially owned by Greenwich Holdings Limited and owned by Famatown Finance Ltd. The beneficiaries of the Trusts are members of Mr. Fredriksen's family. Mr. Fredriksen is neither a beneficiary nor a trustee of either Trust. Therefore, Mr. Fredriksen has no economic interest in such shares of common stock and Mr. Fredriksen disclaims any control over such shares of common stock, save for any indirect influence he may have with C.K. Limited, as the trustee of the Trusts, in his capacity as the settlor of the Trusts.